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FINANCIAL NEWS
Zain KSA 2011 earnings up by 26%
21 Feb 2012
(MENAFN) Zain KSA said that total earnings for the 2011 fiscal year jumped by 26 percent to USD853 million, from USD674 million in 2010, reported Arab News.
The firm added that in the period, earnings before interest, taxes, depreciation, and amortization (EBITDA) soared by 172 percent compared to USD239.68 million a year earlier.
It also said that revenues jumped by 13 percent to USD1.78 billion from USD1.58 billion in 2010.
It is worth noting that in 2011, Zain KSA managed to reduce operational losses significantly by 30 percent to USD216.22 million from USD309 million in the previous year.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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